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Is Rs 36,000 a night austere?

 Despite claims of an 'austerity drive' by the United Progressive Alliance government and the Congress party, some Union ministers appeared to prefer upmarket accommodation during their official......

Who will succeed Aditya Puri as HDFC Bank's chief?

 HDFC Bank is on a global search to find a successor to the founding-chief executive Aditya Puri, as he would turn 70 next year. HDFC Bank on Thursday said it has formed a six-member committee to......

Bank stake sales in insurance, MF arms hit a wall

 Sources say given the complexity involved in the process of creating a holding company, which will ultimately be the parent company of banking and other businesses, banks are going slow in......

An RBI governor, two finance ministers and a quiet war

 'Governments that did not respect the central bank's independence would sooner or later come to rue the day they undermined the institution,' RBI Deputy Governor Viral Acharya warned on Friday.The......

Jump in small savings to burden govt

 The Centre has to bear the burden of borrowing NSSF loans to the tune of Rs 1 lakh crore.Abhishek Waghmare reports. Government securities against the collections in the National Small Savings Fund......

Centre pays higher price to keep pensioners happy

 Government to pay disproportionately high interest for borrowings from savings, overturning a nearly two-decade-long process of reforms in the management of public debt. To keep the......

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